Deals of the day- Mergers and acquisitions

May 19 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1040 GMT on Tuesday:

** Hewlett-Packard Co has agreed to sell a
controlling 51 percent stake in its China-based data-networking
business, estimated to be worth more than $2 billion, to
Tsinghua Unigroup, a spokesperson for the Chinese private equity
fund's parent company said on Tuesday.

** Deutsche Telekom has agreed to buy the 49
percent of Slovak Telekom it does not already own for 900
million euros ($1.00 billion) from Slovakia's National Property
Fund.

** Philippine conglomerates San Miguel Corp and
Metro Pacific Investments Corp have formally submitted
bids for a 35.4-billion-peso ($795 million) state contract to
develop and operate a toll road project south of Manila.